Important US Tax Residence Rules For Canadians
Reading Time: 3 minutes Immigration rules and substantial presence test, IRS Form 8840, Closer Connection Exemption, and US Tax Residence Rules for Canadians
All of the information you need, right here, right now.
Reading Time: 3 minutes Immigration rules and substantial presence test, IRS Form 8840, Closer Connection Exemption, and US Tax Residence Rules for Canadians
Reading Time: 3 minutes Learn how new expense limits, QBI, pass-through entity rates, and minimum wage affect businesses at the local and state level
Reading Time: 4 minutes How computers, software, motor vehicles, and homes used for personal and business purposes are taxed
Reading Time: 3 minutes Bunch your itemized deductions into charitable contributions, medical expenses, property taxes, etc. and follow a checklist
Reading Time: 3 minutes Get tax breaks with Section 179 for deducting 100% of a large purchase in one year, Cost Segregation, Bonus Depreciation.
Reading Time: 4 minutes MyRA, SEP-IRAs, Simple IRA, Simple 401(k), Solo 401(k), and retirement plans for small business
Reading Time: 4 minutes Differences between tax deductions and tax credits, and how they save you money
Reading Time: 3 minutes Many businesses, especially small businesses and family-owned businesses, have someone who could be described as the “key man.”
Reading Time: 2 minutes The who, what, when, where, and why of hiring your children for tax benefits
Reading Time: 3 minutes Strategies for saving on taxes when you sell your small business
Reading Time: 3 minutes Side hustles and tax evasion in the gig economy – how to stay on the IRS’s good side
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Get 360° accounting services that offer full support and coverage of every aspect of your business.
We offer everything from granular, data-entry support to high level accounting strategy. Don’t see the service you need listed? Just ask!
For assistance in planning and transferring your U.S. assets to Canada, please contact our colleague Phil Hogan, CPA, CA, CPA at (250) 661-9417 or phil@philhogan.com